How high can Pepe price jump after flipping key resistance?

Pepe Coin, a top Ethereum meme coin, soared and crossed a crucial resistance level as its spot volume and futures open interest jumped. Pepe ( PEPE ) token jumped to a high of $0.000010, its highest level since February 18, and 65% above its lowest level this year. The 24-hour volume soared by 140% to $1.20 billion, higher than other popular meme coins like Shiba Inu ( SHIB ), Bonk ( BONK ), and Floki ( FLOKI ). Its futures open interest also soared to $475 million, the highest point since January. Pepe Coin price jumped as the crypto fear and greed index moved to the greed zone, following Bitcoin’s ( BTC ) move above $100,000. Most altcoins continued rising, with Bitcoin moving above the psychological point at $2,000. You might also like: Trump Coin price prediction: Will it rise or fall after the exclusive dinner? The rally happened after the Federal Reserve left interest rates unchanged and embraced a wait-and-see approach. Also, it rallied after Coinbase acquired Deribit , one of the biggest players in the futures and options industry. Internally, there are signs that Pepe investors are not dumping their tokens as exchange balances have dropped. All tokens on exchanges dropped slightly in the last seven days and currently stand at 255.16 trillion, down from 255.2 trillion last week. Pepe price technical analysis Pepe price chart | Source: crypto.news The coin’s surge also happened for technical analysis. As we wrote here and here , Pepe Coin formed a giant falling wedge pattern in the first quarter. This pattern comprises two descending and converging trendlines and often leads to a bullish breakout. Most recently, Pepe price formed a double-bottom pattern at $0.0000057. It has now jumped above the neckline at $0.0000095. The distance between the double-bottom and the neckline is about 62%. Measuring the same distance from the neckline brings the Pepr Coin price target at $0.00001545, up by 55% above the current level. A drop below the support at $0.0000759 will invalidate the bullish outlook. You might also like: Can EOS crypto hit $1 ahead of the final stage of Vaulta rebrand?

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Arizona Moves Towards Establishing BTC Reserve, Using Unclaimed Assets and Staking Rewards

Arizona has made history as the second U.S. state to establish a strategic Bitcoin [BTC] reserve, marking a significant shift in cryptocurrency adoption. This groundbreaking legislation illustrates Arizona’s commitment to

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XRP Price Prediction, Dogecoin ETF Update & Why Crypto To Fiat Payments Are Set To Change Forever

XRP and Dogecoin are once again attracting attention in the market, but for different reasons. While the latest XRP price prediction is making bold claims of a breakout to $3, Dogecoin flirts with short-term resistance amid ETF bullish hype. Meanwhile, a new contender, Remittix has entered the conversation. This utility-driven token is quickly gaining attention for its real-world use case, which is revolutionizing crypto-to-fiat payment for everyone. Remittix launches a PayFi revolution set to improve crypto-to-fiat worldwide Remittix’s fundamental ethos is to make the process of sending remittances easier than ever before. This real-world potential is indispensable as the traditional remittance services take days to process at a very steep cost. Remittix is changing the narrative by introducing the latest blockchain technology that comes with fast transactions and complete transparency. Importantly, every transaction made on the Remittix platform is processed on the same day and is slippage-free. This makes the crypto platform offer the lowest transaction cost in the market as it charges a flat fee with no extra costs for wires. Businesses are the major beneficiaries of Remittix’s PayFi solutions. Through its Pay API, merchants can accept crypto payments and settle in fiat, cutting costs and expanding reach. With its flat‑fee model and 40+ supported coins, Remittix is on a solid path to chipping away at the $5‑trillion‑a‑day SWIFT market. Like most innovative projects, the $RTX governance token powers the platform’s ecosystem. Its smart contract has passed rigorous Blockchain audits by SolidProof and BlockSAFU. Also, the team locks RTX’s liquidity pool and team tokens for three years to prevent any rug pull scams and selling pressure. XRP price prediction : Bulls target $3 after market reports hint at a major institutional move The XRP price momentum is waning, as the digital asset slips below key technical levels amid growing macroeconomic pressures and shifting sentiment. Despite this market sentiment, the XRP price prediction is favorable, as market experts suggest that its current downturn is a result of profit-taking actions from the smart money. Source: CoinMarketCap CoinGlass reports that, in early April alone, more than $1 billion worth of XRP positions were liquidated at an average price of $2.10. Investors’ momentum is still optimistic, especially after XRP’s Q1 2025 Markets Report was released in May. In the report, the company announced it will sunset its existing quarterly format after Q2, citing the need to offer deeper institutional insights. The report noted that transparency, originally a strength, had at times been used against Ripple, especially during confrontations with former SEC Ripple leadership. This institutional move is arousing a $3 XRP price prediction, especially as whales accumulate more than 900 million XRP in April. Dogecoin ETF update: Investors’ sentiment changes as breakout looms for DOGE With the Dogecoin price consolidating since the beginning of the year, its future now hinges on the approval of a Dogecoin ETF. The likelihood that a Dogecoin spot ETF will soon materialize is rapidly increasing, especially with the appointment of Chair Paul Atkins . Source: Polymarkets Polymarket, a decentralized prediction platform, reports that the chances of a Dogecoin ETF approval have increased to 70% in April before correcting to its current point. The increasing enthusiasm coincides with the SEC’s recognition of Dogecoin ETF filings and a stronger pro-crypto U.S. Congress. Conclusion While the XRP price prediction and the Dogecoin ETF update hint at their growing institutional interest, Remittix is positioning itself as a hub for global payment solutions. Remittix coins are becoming viral in the crypto market, as the tokens are selling out at bargain rates. Each token sells for $0.0757, with high potential for presale profits. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix

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Market Analysis Report (08 May 2025)

US Regulator Clears Banks to Trade Customers' Crypto Held in Custody | Revolut to Launch Bitcoin Lightning Payments in Europe Using Lightspark | Stripe Expands Stablecoin Accounts to Over 100 Countries, Doubling Global Reach

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SPOT GOLD FALLS NEARLY 2% TO $3,298.48/OZ

SPOT GOLD FALLS NEARLY 2% TO $3,298.48/OZ

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TRUMP PRIVATELY URGED SPEAKER MIKE JOHNSON ON A PHONE CALL WEDNESDAY TO RAISE THE TOP TAX RATE AND CLOSE THE CARRIED INTEREST LOOPHOLE

TRUMP PRIVATELY URGED SPEAKER MIKE JOHNSON ON A PHONE CALL WEDNESDAY TO RAISE THE TOP TAX RATE AND CLOSE THE CARRIED INTEREST LOOPHOLE

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Uniswap surges 17% as BTC reclaims $100k, Unichain growth accelerates

Uniswap price surged sharply as the crypto market erupted on May 8, with the decentralized exchange’s native token spiking 17% to hit its highest level in two weeks. With cryptocurrencies in upward mode as Bitcoin ( BTC ) reclaimed the $100,000 mark, Uniswap ( UNI ) soared above $5.50. The gains had Uniswap in vertical mode amid a spik in daily volume, with the altcoin seeing more than $214 million traded in the past 24 hours to represent a 70% increase. Bitcoin’s rally to $100,000 could provide new momentum. However, analysts at market intelligence platform Santiment caution that it could be a “double-edged sword.” “On one hand, retail FOMO can add a bit of extra fuel to this rally as major media outlets spam Bitcoin’s 3-month milestone and bring in many new entries to the space. On the other hand, we typically see rallies put on the brakes when there is an overwhelming amount of calls related to ‘higher’ or ‘above’ (in relation to crypto) like we’re seeing now,” Santiment posted on X . Although UNI gains align with the broader market’s uptick catalyzing bullish sentiment, tailwinds include the recent Ethereum Pectra upgrade . Read more: What tariff shock? Bitcoin surges past $100k as market recovery continues Pectra, a major update for Ethereum and the first since Dencun in March 2024, introduces several important features for the network. The 11 included improvement proposals enhance user experience via smart accounts and delegation, upgrade staking mechanics, and improve layer 2 integration. Unichain ’s rapid rise as a go-to platform for the Uniswap community also supports the bullish case. The Uniswap team announced on May 7 that Pectra’s activation ensures all 7,702 smart wallets on the network are now fully supported on the Uniswap web app. Per DeFiLlama data , Unichain has become one of the top chains in the decentralized exchange ecosystem. Latest data shows the DEX’s volume of $1.99 billion over the past week. The weekly change of +14% outpaces that of Etthereum, Solana and Base among others in the same period. In the past 24 hours, Unichain’s volume stands at over $354 million , accounting for most of the daily volume for Uniswap V4. As well as Unichain’s growth in terms of user accounts and total transactions, the Uniswap platform itself is seeing a notable flip. The total value locked on Uniswap is around $4.27 billion. You might also like: Uniswap price could surge as Unichain flips Ethereum, Polygon, Sei in key metrics

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Movement Labs Terminates CEO Rushi Manche After $38M $MOVE Sell-Off, Rebrands as Move Industries with Torab Torabi as CEO

Movement Labs has terminated its CEO and co-founder Rushi Manche following a $38 million sell-off of its $MOVE tokens. The company has rebranded as Move Industries and announced a new leadership structure. Torab Torabi has been appointed CEO, and Will Gaines will serve as President and Chief Marketing Officer. The rebranding and leadership changes come after a turbulent period for the company. Separately, Saronic announced leadership changes with co-founders Doug Lambert and Vib Altekar assuming the roles of Chief Operating Officer and Chief Technology Officer, respectively. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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Senate Democrats Introduce Symbolic Amendment to the GENIUS Act, Paving the Way for Stablecoin Regulation

Senate Democrats have maneuvered to advance the controversial GENIUS Act, a pivotal bill for regulating stablecoins, amidst significant debate. This strategic legislative move aims to eliminate the filibuster threat, facilitating

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$500M in Shorts Liquidated as Bitcoin (BTC) Blasts Above $101K

It almost felt inevitable today that bitcoin will eventually break past the coveted $100,000 milestone and after a brief hesitation, the asset has soared to a new multi-month peak above $101,000. The altcoins have followed suit with massive price gains from the likes of PEPE, SUI, FARTCOIN, and many others. BTCUSD. Source: TradingView CryptoPotato reported earlier today that BTC had risen to $99,700 amid reports that China and the US will have talks later this week in Switzerland in regards to striking a tariff deal. Later, Trump teased a big announcement for tomorrow that will involve the UK. BTC stood close to the six-digit entry territory for almost the entire day and was stopped there at first. However, the asset flew past it an hour ago and kept surging to a new three-month peak of over $101,000. Recall that just a month ago the primary cryptocurrency struggled below $80,000 and even dumped to a 2025 low of under $75,000 amid the darkest hours of the Trade War. Now, though, bitcoin’s realized cap has marked another all-time high, while the break above $100,000 could be different than previous such increases. VIRTUAL and PENGU lead the daily gains from the top 100 alts, with price surges of 36% and 33%, respectively. PEPE , SUI, and FARTCOIN follow suit by charting 20-25% daily jumps. Even Ethereum has soared by double digits in the past 24 hours, and managed to break past $2,000 for the first time in well over a month. The total value of liquidations on a daily scale is up to $580 million, according to CoinGlass. The majority, expectedly, comes from short positions (almost $500 million). The total number of wrecked trades is above 145,000. Liquidations Heat Map. Source: CoinGlass The post $500M in Shorts Liquidated as Bitcoin (BTC) Blasts Above $101K appeared first on CryptoPotato .

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